We have all heard about the lack of inventory for the past several years and seen with our own eyes the rising cost of houses in our areas. But specifically this past year I have noticed that builders new in-fill construction and large mansion style homes are nearly always being listed at $2 million and above. Just today I got an invitation to an open house for a new construction home priced at $2,335,520.If not above $2 million these new listings are in the high $1.7 million and above category. And it is not like these homes are hanging around either, they are getting snapped up by buyers looking to live in award winning school districts.This also puts pressure on housing in the lower price points as builders are now looking for lots for future projects. So homes that would have been b... 09/13/2024

When you are buying a house you may encounter excitement and fear. The excitement moves you forward with hopes and dreams about your potential new home along the Main Line or in Chester County or one of the other surrounding counties, Delaware and Montgomery. Then you encounter the issues of low inventory, strong demand and most recently the rising interest rates. So now fear rears its head as you wonder if you will ever find a home to buy.This is where using a professional and experienced Realtor like myself helps out. To begin with we sit down together and go over the whole process so you understand how we find your home, how you finance it, write an offer, put a deposit into escrow and what happens to it, negotiate the various contingencies, how we respond to inspections and finally ... 09/13/2024

With the current talk about interest rates dropping refinancing a mortgage can be a smart financial move, but the timing and circumstances need to be right. Here’s a breakdown of the best time to refinance, things to consider, and how your home equity impacts the process:Best Time to Refinance: Lower Interest Rates: If mortgage rates have dropped significantly since you took out your loan, refinancing could help lower your monthly payments and overall interest costs. Improved Credit Score: If your credit score has improved since you first took out your mortgage, you may qualify for better rates, making refinancing worthwhile. Change in Loan Terms: You might want to shorten your loan term (e.g., from a 30-year to a 15-year mortgage) to pay off your home faster or extend the term to lower... 09/18/2024

Sometimes, making the long trek to the mountains from Philly or Jersey can be a hassle. Despite the beauty that awaits, a long drive after a long week of work can be daunting. These are things to consider when choosing an investment property for weekend trips or summer weeks in the mountains! A community that might offer a great balance of convenience and fun is Lake Hauto. Located just south of the Pocono Mountains in scenic Nesquehoning, PA, is the nestled lake community of Lake Hauto. This power boating community is a great opinion for those looking for the lake living atmosphere but don’t want such a long commute all the way up the mountain. A private resort community, Lake Hauto offers much of what people think of when they think of summer in the Poconos: lakeside, swimming, and bo... 09/14/2024